these deductions, exemptions, allowances, breaks, which in effect is pure reaganism. there's one problem with that. there's a penalty if nothing is done by the end of 2012 the old reagan tax rates for the wealthy go back into effect. john, there's possibly a big deal for this reason. there is weeping and gnashing of teeth in the democratic caucus, in the senate, and in the house over what obama is dealing with boehner. >> boehner's got his problems, too. >> well, boehner -- i think cantor is in on this deal, it appears. of course, this is as of a okay. eleanor. >> well, the republicans have blinked. grover norquist has given a pass on some tax revenue hikes, and so there's suddenly more negotiating room on the revenue side, and the democrats are now going to start squawking, but that's the way the deals unfold.